JLR is testing a 'smart wallet' that would pay vehicle owners in cryptocurrency for reporting traffic data.
Millions of car owners are already giving their logistics data away for free, which helps companies such as Inrix and IBM make money off the miles they drive. But Jaguar Land Rover has developed a"smart wallet" that enables them to earn cyrptocurrency each time the vehicle automatically reports road condition data such as traffic congestion or potholes to logistics companies or local authorities.
The luxury automaker is developing this technology in partnership with IOTA Foundation to use their cryptocurrency ledger. At the time of this article's publish, their tokens were hovering aroundHow much vehicle owners will earn per report isn't clear, but the automaker says change in their smart wallet could be used to pay for tolls or even coffee. But that's not the only way drivers will benefit.
Sharing vehicle data could help improve traffic flows and lower congestion, which could result in shorter commute times and reducing tailpipe emissions from idling in traffic for everyone. Ireland where the manufacturer's engineering center is based. The company has equipped several vehicles, including the Jaguar F-PACE and Range Rover Velar, with smart wallet technology.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Jaguar Land Rover planning to allow helpful car drivers to earn cryptocurrencyJaguar Land Rover, Britain's largest auto manufacturer, said on Monday it i...
Baca lebih lajut »
Jaguar Land Rover to let drivers earn cryptocurrency by sharing dataDrivers will be able to earn digital currency by enabling tech in connected vehicles to report road condition data, such as traffic or potholes.
Baca lebih lajut »
Jaguar Land Rover Wants You To Earn Cryptocurrency As You DriveJaguar Land Rover is testing a 'smart wallet' that would pay vehicle owners in cryptocurrency for reporting traffic data
Baca lebih lajut »
Jaguar Land Rover Wants You To Earn Cryptocurrency As You DriveJLR is testing a 'smart wallet' that would pay vehicle owners in cryptocurrency for reporting traffic data.
Baca lebih lajut »
The 30 highest-paying jobs in Florida, land of gators and 20,000 CEOsSome of the highest-paying jobs in Florida were in the medical profession, but there are plenty of industries that pay well in the Sunshine State.
Baca lebih lajut »
Detroit agrees to pay $107.6 million to buy land for new Fiat Chrysler plantThe city of Detroit said on Friday it agreed to pay $107.6 million for nearly 21...
Baca lebih lajut »
Your first e-scooter ride will probably land you in the hospitalA new CDC study suggests riders need more training before operating electronic scooters.
Baca lebih lajut »